CAPITAL MARKETS

Iron ore price strengthens

Black Iron rises

Staff reporter
 Black Iron is advancing its Shymanivske project in the Ukraine

Black Iron is advancing its Shymanivske project in the Ukraine

The MySteel Australian 62% fines were up another 2.66% on Friday to US$154.50/t.

Canada-based Black Iron (TSX: BKI) - which is advancing its Shymanivske project in Ukraine - closed up 37.1% in Toronto, despite no news since October.

Meanwhile a deadline has been shifted in Brexit trade talks, and US president Donald Trump continues to protest the election result.

Market futures were mixed.

The gold price is about $1,835 an ounce on the spot market, having ranged between about $1,899/oz to $1,766/oz in the past 30 days.

Among the majors, Polymetal rose 1.2% in London and Antofagasta fell 3.6%.

Barrick Gold closed down 0.5% in Toronto.

Finally, BHP was up slightly in midday Australian trade, less than a dollar off a multi-year high reached last week.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.